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REAL ESTATE

  • Blakeney announces new leases, expansions

    Charlotte, N.C. -- CNL Crosland Commercial Real Estate announced two new tenant signings and an expansion for an existing retailer at Blakeney, a retail shopping center in south Charlotte, N.C.

    Flywheel Sports is slated to open at Blakeney in January. Accessory boutique Bijuju opened earlier in November, and Creative by Nature Home doubled its square footage and moved into a new space in September.

  • Infill Alert

    By industry estimates, concrete-slab moisture-related floor-covering failures cost retailers, building owners and contractors more than $1 billion every year. But it’s not just new spaces that present a challenge in this regard. With infill the name of the game in retail development, retailers that open stores in existing spaces also need to be on full alert to the potential for flooring problems.

  • AT&T opens ‘Retail Innovation Center’

    Chicago -- AT&T announced the opening of the AT&T Retail Innovation Center in Arlington Heights, Ill.

    The 10,400 sq.-ft. space — more than twice the size of a conventional AT&T store layout — is designed to showcase the company’s most innovative products and serve to gather customers’ feedback on new retail concepts — all designed to help shape the ultimate customer experience across AT&T’s more than 2,300 stores nationwide.

  • Founding Farmers restaurant opens at Park Potomac

    Bethesda, Md. -- Streetsense announced that Founding Farmers restaurant has opened a 7,000-sq.-ft. location at Park Potomac, an 110,000-sq.-ft retail center that is part of a mixed-use community developed by Foulger-Pratt of Rockville, Md.

    The new restaurant, which is described as “barnyard chic” and featuring natural ingredients, is joined by Harris Teeter grocery store, as well as Elevation Burger, Emily Grace Fashion Boutique, Love Couture Bridal, Wine Harvest, Zoe's Kitchen, and other shops and services.

  • Simon announces JV to develop St. Louis Premium Outlets

    Indianapolis -- Simon Property Group announced a joint venture with Woodmont Outlets and EWB Development to develop, lease and manage St. Louis Premium Outlets, a new upscale outlet center in Chesterfield, Mo. 

    The new outlet center, which was announced in October as Spirit of St. Louis Outlets, will be comprised of 55 acres and will anchor Chesterfield Blue Valley, a mixed-use development to include office space, hotel, restaurant and entertainment venues. 

  • CenterMark to rehab Glenville Market building for Deal$

    Cleveland -- CenterMark Development said it has signed a lease with Deal$, a division of Dollar Tree, to occupy an 11,000‐sq.-ft., former Easttown Eagle Market building in the Glenville neighborhood of Cleveland.

    CenterMark purchased the long‐vacant building in October and said it expects to complete the rehabilitation by the spring of 2012. A grand opening is expected during the second quarter following interior improvements by Deal$.
     

  • SRS Real Estate announces new hire

    Dallas -- SRS Real Estate Partners announced it has hired Kyle Stonis as a senior VP in the Atlanta office.

    Stonis will focus on strengthening the investment sales platform for SRS in Atlanta and throughout the Southeast.

    Previous to SRS, Stonis worked for Bull Realty in Atlanta as a retail investment broker and senior VP.

  • Coco Fresh Tea & Juice opens at Sky View Center

    Queens, N.Y. -- Onex Real Estate Partners said that Taiwanese tea brand Coco Fresh Tea & Juice has opened its newest teashop at Sky View Center, the 800,000-sq.-ft., multi-level regional mall in downtown Flushing, N.Y.

    The 600-sq.-ft. teashop operates a sister location on Main Street, in Flushing.

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